Precious metals continue the rally on Tuesday with silver gaining above 2% and gold following with a 0.9% advance. These gains come on top of Monday advances and in case of silver the price is up more than 20% since the end of May and the highest since February 2018. Silver gains as recession fears drive bond yields lower and lower alternative cost of holding the metal.
Silver prices explode higher as recession concerns mount
Aug 13, 2019